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Good points, thanks. As I’m sure you’re aware, the indirect rates at some universities are above 90%. That is, for every dollar that directly supports the rese
by BenFranklin100 2y ago
Good points, thanks. As I’m sure you’re aware, the indirect rates at some universities are above 90%. That is, for every dollar that directly supports the research, almost another dollar goes to the university for overhead. Much of this overhead is legitimate: facilities and equipment expenses, safety training, etc… but I suspect a decent portion of it goes to administrative bloat, just as much as the education-only part of the university has greatly increased administrative bloat over the last 30-40 years.
Another commentator made a separate point about how professors don’t always get paid a lot, but they make it up in reputation. Ego is a huge motivator for many people, especially academics in my observation. Hubris plays no small part in the hype machine surrounding too many labs.